manuvsingh

TataCoffee|Breakout Candidate 8 Month Consolidation|40% Possible

Long
NSE:TATACOFFEE   TATA COFFEE
TATACOFFEE

8 Month Consolidation in Triangle Pattern after Multi-Year Breakout in June 2021
Support Retested twice on long term trend line

During Consolidation Price Increase but RSI Decrease >> Sign of decreasing Volatility and Accumulation
Monthly & Weekly RSI > 55 and increasing

Positional Buy Above 250 (Fibonacci Resistance)
Target : 294 - 321 - 368
SL : 180

Golden Cross Over


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